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Will the Singhania family feud ever end? Billionaire Gautam and father Vijaypat have been locked in legal battles over Raymond Group and their luxury real estate since 2015 …
STORYLynn Farah
- Crazy rich Gautam races Ferraris while Vijaypat broke records with his flights – they must have bonded over their adventures before things went sour
- Vijaypat gave his son a stake in their textile empire, saying he was promised a flat in their Mumbai mansion, JK House, in return – which he never got
The Raymond Group is a household name in India, producing apparel brands and textiles worn by millions. Vijaypat Singhania was the mastermind behind the company and its initial development. His son, Gautam, has since led the group into more sectors in an attempt to widen the revenue net. Both are also known for their adventurous streaks: the father was a noted aviator, flying commercial aircraft for free and even setting records with his microlight and balloon flights, while his son loves fast cars and has raced them on circuits around the world.
Yet while they may have once shared a dream father-son relationship, the duo have been involved in a bitter war since 2015, which has involved expensive lawsuits and even the police.
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Here’s what you need to know about one of the richest families in India and their feud that seemingly has no end in sight.
How it started
Back in 2015, Raymond Group patriarch Vijaypat handed over a 37 per cent stake in his billion-dollar textile empire to his son, Gautam. According to Mumbai Mirror, part of the handover agreement stipulated that Vijaypat would receive a flat in the Singhania family’s 36-storey mansion, JK House, in Mumbai – one of India’s most luxurious homes.
In 2017, the company made headlines because Vijaypat took the family feud to court. According to NDTV, he alleged that he was forced to live in a rented flat, which Raymond Group had refused to reimburse him for.